New Permian crude refiner to sell diesel back to drillers

The developer of a Permian Basin-based refinery is going full-circle with it’s shale oil produced crude. Through a deal with Pilot Thomas Logistics, a national provider of fuel, lubricants and chemicals to multiple industries, MMEX Resources Corp. will sell 100 percent of the diesel produced at its pending Texas crude oil refinery. The 4,200 barrels of diesel set for future production will be sold to Pilot Thomas Logistics who will then provide the fuel to drilling rig operations in the Permian.

“As part of our long-term commitment to providing exceptional service to our customers, we are excited to enter this relationship with MMEX to expand our local supply in the Permian,” said Dennis Cassidy, president and CEO of Pilot Thomas Logistics.

Once complete, the Pecos County, Texas-refinery will produce 10,000 barrels per day during phase one of the project. The facility will feature truck and railroad access allowing customers to access the facility quickly.

North American Shale magazine spoke with Jack Hanks, CEO of the company, last year to learn more about the $450 million facility. To learn more, click here.